In response to the COVID-19 pandemic, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) into law on March 27, 2020. Ruder Ware’s COVID-19 Focus Team provided a summary of the CARES Act in a previous blog post. In that post, they mentioned that the CARES Act suspends most required minimum distributions (“RMDs”) for 2020. This suspension applies to (i)…
